Summit Wealth Partners LLC Reduces Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Summit Wealth Partners LLC decreased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,214 shares of the company’s stock after selling 130 shares during the quarter. Summit Wealth Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,863,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Red Mountain Financial LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 4.2% during the third quarter. Red Mountain Financial LLC now owns 2,617 shares of the company’s stock valued at $254,000 after purchasing an additional 105 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI lifted its holdings in VanEck Morningstar Wide Moat ETF by 1.2% during the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 8,935 shares of the company’s stock valued at $866,000 after purchasing an additional 110 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 1.0% during the first quarter. Bleakley Financial Group LLC now owns 14,201 shares of the company’s stock valued at $1,277,000 after purchasing an additional 134 shares in the last quarter. SFG Wealth Management LLC. lifted its holdings in VanEck Morningstar Wide Moat ETF by 0.4% during the second quarter. SFG Wealth Management LLC. now owns 34,432 shares of the company’s stock valued at $2,982,000 after purchasing an additional 146 shares in the last quarter. Finally, Wintrust Investments LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the first quarter. Wintrust Investments LLC now owns 14,391 shares of the company’s stock valued at $1,294,000 after buying an additional 164 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $94.25 on Friday. The company has a market capitalization of $15.94 billion, a PE ratio of 28.30 and a beta of 1.01. The firm’s 50-day moving average is $95.44 and its 200 day moving average is $90.40.

VanEck Morningstar Wide Moat ETF Company Profile

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.